The Vibe Journal: Finance Blogs

From paid vacations to health insurance, organisations have left no stone unturned to ensure the convenience of their employees. However, with the state of the global economy and rate of inflation we tend to see, money seems to be slipping out of our bank accounts faster than we can earn it. Despite meticulous planning and …

Imagine being able to borrow money without any hassles or unruly paperwork, so that you could buy your dream car or house. However, reality is far from such a scenario. Borrowing money from the bank depends on a number of factors – the most important being your credit score. A credit score is an indicator …

The middle class in India is majorly a salaried class, with their dreams and aspirations packed in a budget. For daily commutes, the good old two-wheeler remains a necessity for many in the vastly populated towns and city roads. For daily chores or reaching office in the rush hours through our notorious traffic, two-wheelers are …

The role of financial wellness in organisations is undeniably of utmost vitality. Complex organisational structures and modern corporate lifestyles often heighten stress levels among employees. Stress is now ranked as the top lifestyle risk factor, with more serious repercussions than obesity and physical activity. And financial concerns of individual employees are the biggest factor impacting …

Millennials’ lives are not contained by their basic salaries. As a result, a cash crunch at the end of the month isn’t uncommon. Borrowing from parents could be an option, but that is usually the last resort. Borrowing from friends is an option too, but they’re likely to be in a similar economic condition. Infact, …

Credit scores, commonly called CIBIL scores, [Credit Information Bureau (India) Limited] are a crucial parameter that lenders evaluate before approving personal loans and credit cards. As per the RBI’s mandate, all banks should check the CIBIL score of every loan/credit card applicant at the time of evaluation. A poor CIBIL score reflects poor credit management …

By: Sudhir Dhar, Director – Group CHRO, Motilal Oswal Emotional Intelligence is a type of social intelligence that involves the ability to monitor one’s own intelligence related to emotions and also respect other people’s emotions and use this information to guide one’s thinking and action. Emotional intelligence is the ability to identify, use, understand, and …

The Interim Budget 2019 introduced some goodies for those earning below INR 5 Lakh per year. So, if your annual gross income ranges between INR 6 to 11 lakhs, you can now try and claim certain tax deductions in order to reduce your taxable income. With the low and middle income group in mind, the …

There’s no stress like financial stress. Money plays a very important role in our lives and not having enough money could disrupt our health, both physical and mental. Not to forget the impact it would have on the performance at the workplace. In the light of increased workload and pressure, employers are now taking the …

Among the many reasons for salary advances are the added expenses. But that’s not all where salary advances can prove to be useful. For instance, the rising costs may lead employees to borrow money from home or live a very frugal lifestyle towards the end of the month. But by getting a salary advance, they can …